shippingposition
  • Home
  • News
  • Editorial
    • Vox Pop
  • Maritime safety
  • Oil and Gas
  • Personality
  • Health
No Result
View All Result
shippingposition

Home » FG SET TO AUDIT PORT CONCESSION

FG SET TO AUDIT PORT CONCESSION

by Joshua
July 26, 2010
in Uncategorized

 


• Confirms Shipping Position Weekly’s Story
 
Barely one month after Shipping Position Weekly scooped that the Federal Government was contemplating an audit of the four – year old  port concessioning programme, the minister of transport, Alhaji Yusuf Suleiman last week confirmed that a committee to carry out the audit is about to be constituted to evaluate the programme.
He confirmed to visiting members of the governing council of the Council for the Regulation of Freight Forwarding in Nigeria (CRFFN) that “the Federal Government has set up an audit team to evaluate the effectiveness of the concession. When government decided to give out the ports on concession, it was not because we wanted to keep them as public institutions, but we felt that it should be in line with the best global practices.
Justifying the impending audit, the minister added that : “Since 2006 when we did that, we have not been able to go back as government to assess the situation, but recently we have constituted a team that will give us an audit of what the concession had done so far.”
Shipping Position Weekly had reported in its June 13, 2010 edition that “the audit is expected to focus on the various terms of agreement that were reached between NPA and the Bureau of Public Enterprises, (BPE), and the concessionaires on the other hand. It is also expected to appraise the extent of fulfilment of obligations on the part of the private terminal operators, the extent of provision and maintenance of common user facilities, among others”.
Our source at that time who is also an insider in the transport ministry had given an insight into the mindset of the minister of transport, saying that “the honourable minister is convinced that NPA has lost its control of the situation and he is determined to ensure, not only that the terms of the concession agreements are adhered to, but also to determine the extent of compliance with extant provisions.”, even as he insisted that the exercise is not a probe, “but a simple attempt to ensure that no one is sleeping”.
But last week, the minister assured the CRFFN team which was led on the visit by the chairman of its governing board, Mr Tony Nwabunike that it audit is not an effort that is meant to witch-hunt, but one that is aimed at fine- tuning port operations.
He added that the audit committee is likely to be inaugurated this week.

 


Related Posts

CVFF Portal Unveiling

CVFF Portal: Game-changer For Indigenous Ship Owners’ Financing – Oyetola

January 23, 2026

Customs Hands Over N2.3bn Cash to EFCC At Lagos Airport

December 17, 2025
Vessels Expected At Lagos Ports As At 2nd December, 2025

Vessels Expected At Lagos Ports As At 2nd December, 2025

December 2, 2025
Customs Intercepts Over $480,000, Other Foreign Currencies in Q3 2025

Customs Intercepts Over $480,000, Other Foreign Currencies in Q3 2025

November 10, 2025

Discussion about this post

Latest News

MONDAY INTERVIEW: “Accountability is not an act of hostility; it is a responsibility of citizenship”---Bola Oyebamiji

Oyebamiji Set to Receive ‘Most Media Friendly Maritime CEO’ Award in Abuja

February 9, 2026

FG Says National Single Window To Cut 21-Day Cargo Clearance Time To 24 Hours

Over 200 Jobs on the Line as Ètò Call-Up Concession Expires, Uncertainty Deepens  

Freight Forwarders Skeptical Over CRFFN’s Plan to Standardise Service Charges

Amidst Global Seafarers Abandonment Crises, Nigerian Seafarers Cry Out Over Unemployment   

FAAN, Freight Forwarders at Loggerheads Over 2010 Cargo Village Land Agreement

FG Reopens Tsamiya Corridor to Boost Legitimate Trade, Strengthen Border Governance

Former ANLCA Acting President Raises Alarm Over Maritime Industry Dysfunction

FG Commends NIMASA Boss On Nigeria’s IMO Council Election

PEBEC, NPA Conclude Stakeholder Engagement On 7-Day Cargo Dwell Time

Merchant Navy Task NIMASA to Fast-Track NJIC, Enforce CBAs for Seafarers

Appraising The Electronic Call Up System

kindly like our Facebook page

Health

58% Women Of Reproductive Age Are Anaemic- FG
Health

58% Women Of Reproductive Age Are Anaemic- FG

February 2, 2026

The Federal Government says Nigeria is battling a largely preventable nutrition crisis, with 58 per cent of women of reproductive...

Harmattan And The Effect Of Dust On The Lungs

Harmattan And The Effect Of Dust On The Lungs

February 2, 2026

Take A Lot Of Fluid To Assist Your Kidneys Function Well–Experts

January 26, 2026
Take A Lot Of Fluid To Assist Your Kidneys Function Well–Experts

NAFDAC Begins Enforcement Of Ban On Sachet Alcohol

January 26, 2026
Customs Seize Vehicles, PMS, Donkey Products Worth N229m In Bauchi

Customs Seize Vehicles, PMS, Donkey Products Worth N229m In Bauchi

January 24, 2026

Cervical Cancer:  Preventable, Curable — UN

January 19, 2026
Energy drinks

Cardiologist Warns Against Excessive Consumption Of Energy Drinks

January 19, 2026
More Reasons You Must Exercise

More Reasons You Must Exercise

December 15, 2025
Why Your Favourite Seasoning Cubes May Be Hurting Your Kidneys

Why Your Favourite Seasoning Cubes May Be Hurting Your Kidneys

December 15, 2025
Nigeria At Risk As Youth HIV Awareness Declines, Expert Warns

Nigeria At Risk As Youth HIV Awareness Declines, Expert Warns

December 8, 2025

© 2021 Shippingposition

Navigate Site

  • Home
  • About Us
  • Contact us
  • Privacy Policy
  • Editorial Policy
  • Sitemap
  • Terms

Follow Us

No Result
View All Result
  • News
  • Coast To Coast
  • Oil and Gas
  • Maritime Education
  • The Terminals
  • Maritime safety

© 2021 Shippingposition